Oil Market Remains Volatile
After yet another volatile stock market session, U.S. oil has again dipped in price. This comes after U.S. oil inventories rose, and after U.S. inflation figures supported the argument for another Federal Reserve interest rate increase. Stock holders have been selling oil shares in worries that aggressive rate hikes will slow the economic growth and […]
Discussions on Fuel Transition Continues
The World Economic Forum (WEF) in Davos, Switzerland recently hosted a global forum composed of both international dignitaries and world business leaders. The most notable of the forums centered around the current global energy crisis, with prices for gas and oil becoming incredibly volatile in the few months following Russia’s invasion of Ukraine. Of course, […]
EU Divided on Disconnecting Russian Energy
European Union ministers met to discuss a strategy for moving away from oil and gas supplied by Russia. While heavy sanctions have been implemented on Russia by the EU and other world allies, the EU still remains heavily reliant on Russian fossil fuels. Though the EU ministers seem to be in mutual agreement of the urgency […]
EU Fighting Russian Oil with Green Initiatives
The European Union, in attempts to free themselves from dependence on Russian oil, are enacting greener initiatives with the incentive being to defund the Russian war machine. These measures, which were created by the International Energy Agency (IEA), could save each household up to £375 (approximately $483 USD) a year. The campaign smartly titled “Playing […]
April 2022 – “Surging Energy Costs Keeping Prices High” | The View, Podcast Edition – Episode 070
“The View from Jamestown” Chemical Podcast TheChemCo · Episode 070: April 2022 – “Surging Energy Costs Keeping Prices High” | The View, Podcast Edition Hosted by The Chemical Company Episode 070 | April 2022 – Russian Invasion of Ukraine affecting energy prices, global logistics – Crude Oil + 37% YTD, Natural Gas + 96% YTD – Severe backups, container […]
